I am long on BTC for the long term. I am bearish on BTC for the next couple weeks. While the RSI is low enough for a reversal, All my other indicators (MACD, VP, SQZ MOM, EMA) tells me we are still not out of the woods yet. at this point I am continuing to stay out of trades. If there are no strong signs of reversal, my next buys will be between 6100-5800.
Trade active:
bought in right under 6k, just like I said I would. will be looking for a bull rush with stoploss set.